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level with us about his tax plan which gives the wealthy huge new tax breaks? if we can't trust him here, how could we ever trust him here? >> the romney campaign has taken issue of course with what the obama campaign uses which is a tax policy center analysis. in that ad that draws on the -- to argue that mitt romney's tax plan depends on a $5 trillion tax cut that's not paid for. the conclusion they drew is the only way you offset those tax cuts over ten years, after handcuffing yourself on the pledges that romney has made to reduce tax rates across the board by 20% eliminating the alternative minimum tax and erasing the federal estate tax is to eliminate deductions that will inevitably touch the middle class. the romney folks say the obama campaign and tax policy center created a strawman. the problem is the romney campaign hasn't created their own and responded with any detail on how they would do it. it becomes impossible at least politically once you account for the pledge handcuffs that romney has made. while the president didn't fully acknowledge he cam
level with us about his tax plan which gives the wealthy huge new tax breaks? if we can't trust him here, how could we ever trust him here? >> the romney campaign has taken issue of course with what the obama campaign uses which is a tax policy center analysis. in that ad that draws on the -- to argue that mitt romney's tax plan depends on a $5 trillion tax cut that's not paid for. the conclusion they drew is the only way you offset those tax cuts over ten years, after handcuffing...
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cuts, going beyond the extension of the bush tax cuts. he talks about raising defense spending. he rejects a 10 to one ratio of spending cuts to tax increases. simpson-bowles. you mentioned them. they say the math doesn't add up in the romney plan and he won't tell us how he thinks it does. >> well, listen. the country is hungry for bipartisan compromise, david. i agree with you,t( especially after the last four year was intense partisanship from this white house. and mitt romney is the only candidate in this race who has a record of showing he knows as an executive how to forge bipartisan compromise. as the governor of massachusetts, over 85% of his legislature democrats, he made things happen. and he will make things happen as president of the united states. and will forge the right type of compromise to get this done. and that's the way it's going to work. >> do you think that this governor romney should be in a situation where he's actually prepared to deal with revenue, to raise revenue, go against his party if it's part of a package
cuts, going beyond the extension of the bush tax cuts. he talks about raising defense spending. he rejects a 10 to one ratio of spending cuts to tax increases. simpson-bowles. you mentioned them. they say the math doesn't add up in the romney plan and he won't tell us how he thinks it does. >> well, listen. the country is hungry for bipartisan compromise, david. i agree with you,t( especially after the last four year was intense partisanship from this white house. and mitt romney is the...
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the cut in tax rates? >> the cut in tax rates is lower all americans tax rate business 20%. >> how much does that cost? >> it's revenue neutral. >> unless you take away the deductions. >> we're going to get to that in a second. the first half lowering the tax rates does that cost $5 trillion? >> no. look, i won't get into baseline argument with you because that's what a lot of this is about. lowering tax rates broadening the tax base works and you can -- >> but i have to -- you haven't given me the math. >> well, i don't have the time -- it would take me too long to go through all of the math. >> that was paul ryan on fox news yesterday making the case against math or for time or some combination thereof. these are the moments where i think the romney team has trouble, once you can actually drill down and say, but how does it work? show me the numbers. there is no answer. >> right. paul ryan thinks he can use this kind of policy wonk construction that he's been able to create to evade policy discussions. h
the cut in tax rates? >> the cut in tax rates is lower all americans tax rate business 20%. >> how much does that cost? >> it's revenue neutral. >> unless you take away the deductions. >> we're going to get to that in a second. the first half lowering the tax rates does that cost $5 trillion? >> no. look, i won't get into baseline argument with you because that's what a lot of this is about. lowering tax rates broadening the tax base works and you can --...
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under his tax plan. >> but their tax rates will come down. >> george, you chakd the rates. if the same amount of money coming out of your pocket and my pocket, you don't care what the rate is. i think what we're trying to do is where america is more competitive on its race with the rest of the world. we're competing in a global economy, and so, that's what governor romney is laying out a very clear vision on that. guess what he's going do, he's going negotiate with congress about those loopholes. that's what he's going to do. he's not going to lock himself into something now. >> don't voters have the right to know what those are? >> the voters have the right to know what direction he's going to take the country in. he's going to reduce so nobody is paying less in the wealthy class than before. here's what he's learned that the president has never learned, 85% of his legislation was democratic when he was governor in massachusetts. you can lay out aspirational goals and visions, you have to get down to negotiating to get things done. in washington, the president draws hard l
under his tax plan. >> but their tax rates will come down. >> george, you chakd the rates. if the same amount of money coming out of your pocket and my pocket, you don't care what the rate is. i think what we're trying to do is where america is more competitive on its race with the rest of the world. we're competing in a global economy, and so, that's what governor romney is laying out a very clear vision on that. guess what he's going do, he's going negotiate with congress about...
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. >> the tax rates will come down. the same amount of money coming out of your pocket and my pocket, you're no particular time not worried. we're competing in a global economy, and so, that's what governor romney is laying out a very clear visio he's going negotiate with congress about those loopholes. that's what he's going to do. he's not going to lock himself into something now. the voters have the right to know what direction he's going to take the country in. he's going to reduce so nobody is payingless in the wealthy class than before. the president has never learned, 85 prkt of his legislation was democratic when he was governor in massachusetts. you can lay out aspirational goals and visions, you have to get down to negotiating to get things done. the president doesn't know how to negotiate and compromise. >> governor romney has been getting a lot of advice from some pretty anxious conservatives. one wants a bigger, bolder campaign. he said, go large mitt. for six months, he's been matching obama small for smal
. >> the tax rates will come down. the same amount of money coming out of your pocket and my pocket, you're no particular time not worried. we're competing in a global economy, and so, that's what governor romney is laying out a very clear visio he's going negotiate with congress about those loopholes. that's what he's going to do. he's not going to lock himself into something now. the voters have the right to know what direction he's going to take the country in. he's going to reduce so...
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the crowd angry about tax hikes and spending cuts among the 17 nations and the euro currency. >> and china, that flying fire, just part of the drill, but a pretty intense one. the exercise focusing mainly on island dissent. and participants, both military and civilian. >> ukraine, an enormous gathering in the capital city for a morning exercise routine, young and old, stretching and flexing, following the lead of a group of actors on stage. that's a wrap on this fox trip around the world in 80 seconds. an earthquake in part of the country where maybe you wouldn't expect it, tonight we're hearing from the people who felt it. and bears, really? do i have to say anything else? they're so cute. hmmm, this one is hungry. and invading one suburban neighborhood. [ mother ] you can't leave the table till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8... when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one
the crowd angry about tax hikes and spending cuts among the 17 nations and the euro currency. >> and china, that flying fire, just part of the drill, but a pretty intense one. the exercise focusing mainly on island dissent. and participants, both military and civilian. >> ukraine, an enormous gathering in the capital city for a morning exercise routine, young and old, stretching and flexing, following the lead of a group of actors on stage. that's a wrap on this fox trip around the...
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i don't have a tax cut that's $4.8 trillion or $5 trillion. i'm not going to cut taxes on the rich. i don't have a medicare voucher plan. i love teachers, i think we need more of them. i mean, look, don't believe me, speaker gingrich was pretty eloquent in running during the primaries in saying, look, mitt romney will say absolutely anything to get elected. >> well, one thing i have been saying about the campaign is the president needs surrogates out there, he needs confederates, people out there. i love charleston. a lot of people -- rather charlotte because in charlotte you heard an entire political party speaking led by people like deval patrick, the governor of massachusetts, after you saw mr. mayor. i think it sounds better when it's a serenade than when it's a solo. what do you think about that? because the other guy has these terrible attack dogs out there, people like trump pitching the birerrism nonsense, sununu talking about being lazy. you got priebus and his nonsense about him being from europe and foreign and newt saying terrible things not to mention jack welch trying
i don't have a tax cut that's $4.8 trillion or $5 trillion. i'm not going to cut taxes on the rich. i don't have a medicare voucher plan. i love teachers, i think we need more of them. i mean, look, don't believe me, speaker gingrich was pretty eloquent in running during the primaries in saying, look, mitt romney will say absolutely anything to get elected. >> well, one thing i have been saying about the campaign is the president needs surrogates out there, he needs confederates, people...
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boosting american manufacturing by ending the tax break that sends jobs overseas and giving tax incentives to companies that start manufacturing businesses here. these are specific tangible proposals and i believe they will pass because i believe the american people are supportive of that. >> but they haven't passed. >> the verdict will be rendered november 6. megyn: joining me now mark hannah, former aid to john kerry and barack obama. kevin, your chots on that exchange? >> that was a revealing look inside the best talking points that president obama has by his top spokesperson on the campaign frame beside himself. if you can't get more prekay tough than education, green energy, research and development, and that's the solutions? those are the pin points for solutions you are offering for an election that's going to be decided on an economy and jobs and the economic growth and development of this nation? megyn, that's pathetic. and i think everyone that watched david axlerod squirm, and candy is not exactly a hostile host, saw the real lack of preparedness. this campaign is demonstrating
boosting american manufacturing by ending the tax break that sends jobs overseas and giving tax incentives to companies that start manufacturing businesses here. these are specific tangible proposals and i believe they will pass because i believe the american people are supportive of that. >> but they haven't passed. >> the verdict will be rendered november 6. megyn: joining me now mark hannah, former aid to john kerry and barack obama. kevin, your chots on that exchange? >>...
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. >> bob: how are you going to protect medicare and social security and cut taxes increase the budget and balance the budget? jon >> he will answer that on wednesday. >> bob: i'm sure he will. all i can say is one more thing is next. ♪ ♪ >> eric: all right. time for one more thing. >> andrea: we have had a heavy show but this will lighten the mood. whitney is a sophomore in michigan. and last week, she was told she was going to be the homecoming queen by students at her school only to find out they were just playing a nasty prank on her. well, she has some words for those bullies. >> kids are bullying, do not let them bring you down. stand up for what you believe in. go with your heart and go with your gut. that's what i did. and look at me now. i'm as happy as can be. >> andrea: the national media heard about this story and the community rallied around her. they chipped in to buy her dress for homecoming. they bought her homecoming dinner dance. that was her brought out on the field to more than 1,000 cheering fans. a lot wearing her favorite color orange. good for you, whitney.
. >> bob: how are you going to protect medicare and social security and cut taxes increase the budget and balance the budget? jon >> he will answer that on wednesday. >> bob: i'm sure he will. all i can say is one more thing is next. ♪ ♪ >> eric: all right. time for one more thing. >> andrea: we have had a heavy show but this will lighten the mood. whitney is a sophomore in michigan. and last week, she was told she was going to be the homecoming queen by...
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he wants to give tax cuts to people over to -- 250. repeal the estate tax and he said he also wants to increase spending for the defense industry. so i don't -- it's right there. this is what he has been running on. he says this will spark economic revival. >> so we don't know is what the president will run on. lou: we do know. he has to run on his record. what he has done is not deliver on cutting the deficit. what he has done is create over $5 trillion in deficits. and a debt of $16 trillion in total. >> see him run his record. that is what he has done. lou: i want to understand something here. is there some way he doesn't run on his record? i'm sorry. >> for the last 20 muncie has been running and his record. lou: i'm not talking about that. i'm talking about right now. governor romney put him on his record, and that was his signature achievement. >> i promise you, what they will do, they're going to fire ever nuclear bomb they have. lou: had dirty. is that what you're saying? >> at the end of the day, the fact that the man stood on
he wants to give tax cuts to people over to -- 250. repeal the estate tax and he said he also wants to increase spending for the defense industry. so i don't -- it's right there. this is what he has been running on. he says this will spark economic revival. >> so we don't know is what the president will run on. lou: we do know. he has to run on his record. what he has done is not deliver on cutting the deficit. what he has done is create over $5 trillion in deficits. and a debt of $16...
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. >> bob: how are you going to protect medicare and social security and cut taxes increase the budget and balance the budget? jon >> he will answer that on wednesday. >> bob: i'm sure he will. all i can say is one more thing is next. ♪ ♪ ♪ atmix of energies.ve the world needs a broader that's why we're supplying natural gas to generate cleaner electricity... that has around 50% fewer co2 emissions than coal. and it's also why, with our partner in brazil, shell is producing ethanol - a biofuel made from renewable sugarcane. >>a minute, mom! let's broaden the world's energy mix. let's go. customer erin swenson bought so, i'm happy. today. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm hi'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. humans -- sometimes life trips us up. and sometimes, we trip ourselves up, but that's okay. at liberty
. >> bob: how are you going to protect medicare and social security and cut taxes increase the budget and balance the budget? jon >> he will answer that on wednesday. >> bob: i'm sure he will. all i can say is one more thing is next. ♪ ♪ ♪ atmix of energies.ve the world needs a broader that's why we're supplying natural gas to generate cleaner electricity... that has around 50% fewer co2 emissions than coal. and it's also why, with our partner in brazil, shell is...
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is now looking for a global tax. now, we're calling global tax maggedden. where we would pony up a huge portion of the tax receipts into the u.n. and they would distribute them throughout the world to the needy. what do you think of this? >> i think it's incredible. first of all, we are the needy. maybe they should do it where china should write off their trillion dollars that they wrote us and more. by the way, if you look what's going on, they are serious about this where we're supposed to give more money to other countries. we don't have money for ourselves. so it's just another ploy. we'll educational background up being -- end up being, because we are run by people globe know what they're doing issues we'll be the only nation that gives. >> gretchen: i got bad news for you, you're going to be taxed 1% tax on billionaires around the world. that's part of this whole deal. >> i can imagine the people that are going to distribute the money. i've seen the people. i have buildings over there. i see them all the time. you should see the people that are going
is now looking for a global tax. now, we're calling global tax maggedden. where we would pony up a huge portion of the tax receipts into the u.n. and they would distribute them throughout the world to the needy. what do you think of this? >> i think it's incredible. first of all, we are the needy. maybe they should do it where china should write off their trillion dollars that they wrote us and more. by the way, if you look what's going on, they are serious about this where we're supposed...
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mitt romney talked about his tax plan. what the president was trying to say was you can't have a program of tax cuts and also increase in defense spending. that adds up. without drastic spending cuts. that's one of the things people will be going after mitt romney. also his claims about health care plan and medicare, how his plan would work out. i think in particular the question of the taxes and the budget and how that would affect people it will really put into place that will be the main fact checking question going forward. >> john, i feel facts has been one of the casualties in this campaign, certainly both sides. there's stuff in papers analyzing what obama said that was untrue and what mitt romney said that was untrue. let's talk about mitt romney's tax plan. he wants to cut everyone's rate by 21%. is it true that that would cost $5 trillion? yes or no? >> reporter: well the question is how do you shape it? the question for romney is not necessarily that he's telling an untruth it's that he's not giving us any of th
mitt romney talked about his tax plan. what the president was trying to say was you can't have a program of tax cuts and also increase in defense spending. that adds up. without drastic spending cuts. that's one of the things people will be going after mitt romney. also his claims about health care plan and medicare, how his plan would work out. i think in particular the question of the taxes and the budget and how that would affect people it will really put into place that will be the main...
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cut taxes and we will see growth. this is such the overstimulated economy we have so much government doesn't this change the algorithms? >> it does. the tax rate reduction is necessary but not sufficient we have to get at of the hands to read -- regulate large segments is everybody said bill the house and cut down the tree they did not say you could not do any of those under the epa. lou: obama appeals to the middle-class as he will try tonight unemployment over 8% it has ben devastating. how this the have a compelling message the shambles of the middle-class? >> he is not afraid of the truth he does not want the american people to know the work force is shrinking and it is more profitable for the american people to be on the dole and for them to go out to work that has made the workforce shrink and make it smaller. >> how does governor romney convince the people that are watching and make it compelling he could change the destiny of the correction and of the country within two minutes or maybe the rebuttal? >> he doe
cut taxes and we will see growth. this is such the overstimulated economy we have so much government doesn't this change the algorithms? >> it does. the tax rate reduction is necessary but not sufficient we have to get at of the hands to read -- regulate large segments is everybody said bill the house and cut down the tree they did not say you could not do any of those under the epa. lou: obama appeals to the middle-class as he will try tonight unemployment over 8% it has ben devastating....
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i don't have a tax cut that's $4 trillion. i'm not going to cut taxes on the rich. i don't have a medicare voucher plan. i love teachers. i think we need more. don't believe me. speaker gingrich was pretty eloquent in running during the primaries and saying mitt romney will say absolutely anything to get elected. >> you know, the thing is again, robert gibbs is saying this five days late e, four days later. why didn't the president say that the night of the debate? and secondly, i don't know about you guys, but i'm thinking if it was my gut reaction and again, i was harshly critical of mitt romney and i'm a guy that worries first about debt and i always have. i heard mitt romney say i won't pass a tax cut that raises the deficit. sounds pretty much like the romney doctrine to me. that's what i took away from that debate. >> coming up, the mayor of chicago, rahm emanuel joins us. how chicago is going up against san antonio to see which city can get healthier, first. and up next, a new pbs documentary goes behind the scenes of the presidential campaigns for the person
i don't have a tax cut that's $4 trillion. i'm not going to cut taxes on the rich. i don't have a medicare voucher plan. i love teachers. i think we need more. don't believe me. speaker gingrich was pretty eloquent in running during the primaries and saying mitt romney will say absolutely anything to get elected. >> you know, the thing is again, robert gibbs is saying this five days late e, four days later. why didn't the president say that the night of the debate? and secondly, i don't...
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the tax plan he described is the tax plan i was asked to support i would say absolutely not. i'm not looking for a $5 trillion tax cut. >> he's been running on this tax plan for 18 months and now five weeks before the election he's saying that his big bold idea is never mind. >> reporter: the theme of the debate for president obama appeared to be romney's plan lacked specifics. >> the reason that governor romney is keeping all these plans to replace secret because they are too good? >> reporter: mitt romney spent most of the night attacking the president's record. >> you've been president for four years. you said you would cut the deficit in half. it's now four years. >> reporter: romney came into the debate trailing in the polls but that could change. >> any time a challenger stands on the stage with a president in the first debate they tend to get some bounce after that. i expect that could happen here. >> reporter: the romney campaign believes the governor scored a knockout. >> i believe romney was the clear winner of this debate. if it was a boxing match it would have bee
the tax plan he described is the tax plan i was asked to support i would say absolutely not. i'm not looking for a $5 trillion tax cut. >> he's been running on this tax plan for 18 months and now five weeks before the election he's saying that his big bold idea is never mind. >> reporter: the theme of the debate for president obama appeared to be romney's plan lacked specifics. >> the reason that governor romney is keeping all these plans to replace secret because they are too...
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if we may hear, let's start with taxes. can we do that. profess seat to the professor harvey rosen after all of this nonsense, this smear campaign that is going on, this attack on governor romney that has become the default campaign of the obama folks, he had to come out and save, the president is represented me in the debate. he has misrepresented my views on the run the tax plan, which -- is entirely possible. >> it is crazy. if you read the rose and paper it is basically an explanation of how romney plan we will work without a middle-class tax increase or blowing up the deficit. it is basically explaining, knocking down all of the obama arguments, yet the obama campaign tried to use and as a source for their claims costs. lou: they did. and this business, it is a full of assault. robert gives u.s. not been able to find a job with anyone except obama is out holding forth on who has the greater integrity. and, you know, we are not so pitiful it would be laughable, but this is a nasty, vicious campaign that i said at the broadcast. it was
if we may hear, let's start with taxes. can we do that. profess seat to the professor harvey rosen after all of this nonsense, this smear campaign that is going on, this attack on governor romney that has become the default campaign of the obama folks, he had to come out and save, the president is represented me in the debate. he has misrepresented my views on the run the tax plan, which -- is entirely possible. >> it is crazy. if you read the rose and paper it is basically an explanation...
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we don't want to tax more people with bad tax policy. we want to grow the middle class and get people back to work with higher take home fay. the secret to this is economic growth, chris. the premise of the conversations and tax reform point is as if the economic pie is fixed and that it is governments if job to redistribute the slices. is not how the world works. we want to grow the pie and we want economic opportunity. we want people to be able to get a better job and have more income security and higher take home pay and you can do through economic growth and that is what we are trying to provide and what we can get if we put the progrowth policies in place. >> chris: a number of top republicans say that when romney picked you as his running mate a little over a month ago that they thought that this indicated that you guys were going to run a bold reform agenda campaign and now expressing some frustration that instead of you changing romney you heard this that they feel that romney is changing you and you are running a much more cauti
we don't want to tax more people with bad tax policy. we want to grow the middle class and get people back to work with higher take home fay. the secret to this is economic growth, chris. the premise of the conversations and tax reform point is as if the economic pie is fixed and that it is governments if job to redistribute the slices. is not how the world works. we want to grow the pie and we want economic opportunity. we want people to be able to get a better job and have more income...
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. >> how they can justify raising taxes on the middle class that's been buried the last four years. >> reporter: paul ryan said the middle class has been buried. >> they are being buried by the obama administration's economic failures. >> reporter: the obama campaign said ryan took mr. biden's words out of context. the president will have the first word tonight, mitt romney will have the last. >> susan, thank you. this is where you can watch tonight's debate. our coverage begins at 9:00 p.m. eastern right here on cbs. meanwhile off the campaign trail conservative blogs were buzzing about fox news recent airing about a 2007 speech by a then senator obama before a black audience. he expressed suspicion the federal government was withholding recovery money to new orleans after hurricane katrina. >> when hurricane andrew struck in florida people said look at this devastation. we don't expect to you come up with the almighty money. here's the money. we won't wait for you to scratch it together because you're part of the american family. what's happening down in new orleans? where is your d
. >> how they can justify raising taxes on the middle class that's been buried the last four years. >> reporter: paul ryan said the middle class has been buried. >> they are being buried by the obama administration's economic failures. >> reporter: the obama campaign said ryan took mr. biden's words out of context. the president will have the first word tonight, mitt romney will have the last. >> susan, thank you. this is where you can watch tonight's debate. our...
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yes, we do. >> reporter: biden says the superwealthy need to pay more in taxes. romney says that would kill jobs. susan mcginnis, cbs news, washington. >> jobs will be the focus of both candidates today when the labor department released the september jobs report later this morning. >>> 91 people in seven cities
yes, we do. >> reporter: biden says the superwealthy need to pay more in taxes. romney says that would kill jobs. susan mcginnis, cbs news, washington. >> jobs will be the focus of both candidates today when the labor department released the september jobs report later this morning. >>> 91 people in seven cities
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on top of the extension to the bush tax cuts. >> i don't have a $5 trillion tax cut. i don't have a tax cut. of a scale that you're talking about. i will not reduce the share paid by high income individuals. i know that you and your running mate keep saying that and i know it's a popular thing to say with a lot of people burks it's just not the case. look, i got five boys, i'm used to people saying something that's not always true. >> health care, romney was on offense, touting what he passed in massachusetts as an example of a bipartisan compromise and a model for the whole country at the state level. >> we've seen this model work really well. in massachusetts because governor romney did a good thing, working with democrats in the state to set up what is essentially the identical model. >> i like the way we did it in massachusetts. entirely on a partisan basis instead of bringing america together and having a discussion at this important topic, you pushed through something that you and nancy pelosi and harry reid thought something was the best answer and drove it thr
on top of the extension to the bush tax cuts. >> i don't have a $5 trillion tax cut. i don't have a tax cut. of a scale that you're talking about. i will not reduce the share paid by high income individuals. i know that you and your running mate keep saying that and i know it's a popular thing to say with a lot of people burks it's just not the case. look, i got five boys, i'm used to people saying something that's not always true. >> health care, romney was on offense, touting what...
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build on wednesday's debate mitt romney changes course on his criticism of americans who pay no income taxes. >>> i said something that was completely wrong. >> meningitis outbreak. health officials rush to alert patients who may have been exposed to the deadly disease that's killed five people in sickened dozens more. >> i don't want this thing in my body. i feel like i want a cleanser. i want it out. get out of my body. >> and bin laden drama. a tv movie about the raid that killed osama bin laden is set to air two days before the presidential election. this is the "cbs morning news" for friday, october 5, 2012. "cbs morning ne good morning. good to be with you. i'm terrell brown. mitt romney is changing his tune about those controversial remarks concerning 47% of americans. last may speaking at a florida fundraiser romney said 47% of americans paid no federal income taxes and considered themselves victims and will support president obama. romney originally stood by his remarks and described them as not elegantly stated but in an interview with fox news last night romney had a different exp
build on wednesday's debate mitt romney changes course on his criticism of americans who pay no income taxes. >>> i said something that was completely wrong. >> meningitis outbreak. health officials rush to alert patients who may have been exposed to the deadly disease that's killed five people in sickened dozens more. >> i don't want this thing in my body. i feel like i want a cleanser. i want it out. get out of my body. >> and bin laden drama. a tv movie about the...
WHUT (Howard University Television)
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Oct 4, 2012
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addressing romney's tax plan, obama said romney's effort to cut taxes for the wealthy would be to the gutting of essential government programs. box for 18 months he has been running on this tax plan. five weeks before the election, now he is saying his big, bold idea is, "never mind." the fact is, if you are lowering the rates the way you described, governor, then it is not possible to come up with enough deductions and loopholes that only affect high-income individuals to avoid either raising the deficit or burdening the middle class. it is math. >> mitt romney challenged obama's assertion that his tax plan would cost the country $five trillion in revenue, the knowledge to cut spending on government programs will drastically increasing funding for the military. in a jab that quickly exploded on twitter car romney told moderator jim lehrer he would cut funds to employer pbs, despite his love for certain sesame street character. >> i am sorry, jim, i'm going to stop the subsidy to pbs. i love big bird. i like you, too, but i am not one keep spending money on things to borrow money from
addressing romney's tax plan, obama said romney's effort to cut taxes for the wealthy would be to the gutting of essential government programs. box for 18 months he has been running on this tax plan. five weeks before the election, now he is saying his big, bold idea is, "never mind." the fact is, if you are lowering the rates the way you described, governor, then it is not possible to come up with enough deductions and loopholes that only affect high-income individuals to avoid...
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Oct 4, 2012
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mitt romney talked about his tax plan. the president was trying to say was that you can't have a program of tax cuts and also increase in defense spending that adds up without drastic spending cuts. and that's one of the things people will be going after with mitt romney. also his claims about his health care plan and medicare. again, how exactly his plan would work out. but i think in particular, the question of the taxes and the budget and how that would affect people, when really put into pla place, that will be the main fact checking going forward. >> certainly both sides of this campaign, and there's certainly stuff in the papers today analyzing things that obama said that were untrue and what romney said were untrue. everybody has to take a fine tooth comb through the paper to go through that this morning. let's talk about romney's tax cut plan. he wants to cut everyone's rates by 20%. is it true that that would cost $5 trillion, yes or no? well, the question is, how do you shape it? the question for romney is not ne
mitt romney talked about his tax plan. the president was trying to say was that you can't have a program of tax cuts and also increase in defense spending that adds up without drastic spending cuts. and that's one of the things people will be going after with mitt romney. also his claims about his health care plan and medicare. again, how exactly his plan would work out. but i think in particular, the question of the taxes and the budget and how that would affect people, when really put into...